Can I form a UK limited company in March 2015 and start trading after 6 April 2015 without needing to send an annual return for the previous tax year (5 April 2014 to 5 April 2015)?

You dont write 'tax returns' for your business based on the personal income tax dates (April) you write them based on your companies own financial year end dates.Have a look here:https://www.gov.uk/prepare-file-...You must send your return 9 months after the end of your financial year - I.e. 21 months after you start your company. That's for companies house and paying tax -- you actually have another 3 months before you need to report to HMRC. It has nothing to do with the personal 'tax year'.The only things you need to report based on April deadlines is employee payments (PAYE) and your own personal tax return -- which you either won't have to do (because you won't have been paid anything) or will have to do anyway for another reason (already earned over £100k one year in the past etc.)Basically - rather than worrying about the tax and filing for the first year, worry about making some money!

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Form U 6, Rev , Public Service Company Tax Return Forms Fillable 2014

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Alright guys if you watch my previous video I gave an introduction on how to do taxes by hand introduction to what the 1040 form looks like etc now I'm going to show you how I personally did my taxes by hand with the free fillable forms at the IRS provides so here's what I start off I think about the form and I jot down in a spreadsheet what I expect I'm going to have to worry about so in the income section 1040 form I know I've got my w-2 from my work and my wife had two jobs she worked one job at the beginning of the year and one job at the end of the year, so I'm going to have wages from 3 jobs on my form again this is a joint a married filing joint return for me and my wife I also have a YouTube channel and I earn a little of ad revenue trust me it's not very much, so I'm going to have to have some self-employment income now Google self-employment income tax return, and you'll find out it, you file that on Schedule C so Schedule C is an attachment to your tax return you put in a lo

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Can I form a UK limited company in March 2015 and start trading after 6 April 2015 without needing to send an annual return for the previous tax year (5 April 2014 to 5 April 2015)?
You dont write 'tax returns' for your business based on the personal income tax dates (April) you write them based on your companies own financial year end dates.Have a look here:https://www.gov.uk/prepare-file-...You must send your return 9 months after the end of your financial year - I.e. 21 months after you start your company. That's for companies house and paying tax -- you actually have another 3 months before you need to report to HMRC. It has nothing to do with the personal 'tax year'.The only things you need to report based on April deadlines is employee payments (PAYE) and your own personal tax return -- which you either won't have to do (because you won't have been paid anything) or will have to do anyway for another reason (already earned over £100k one year in the past etc.)Basically - rather than worrying about the tax and filing for the first year, worry about making some money!

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